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Alitalia: EUR 812m loss in 2004

Rome, Italy - Mainly due to the beginning of restructuring process and the carrier hopes a quick recapitalization

Alitalia unveiled an about EUR 812m loss in 2004. A result which indicates a worsening of the situation compared to the previous year and that the Italian national airline’s board would justify in the light of the restructuring costs of the company. Such a reorganization process is, actually, still in its first year as Alitalia thinks that one needs to go on further at least for additional 12 months. T...

AVIONEWS - World Aeronautical Press Agency - 121241

AVIONEWS - World Aeronautical Press Agency
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